AMD Earnings Could Trigger ±8% Swing on $9.9B Sales Forecast and SpaceX Role
Traders see AMD stock swinging up to ±8% post-earnings as the company is expected to report 33% YoY revenue growth to $9.88B and $1.27 adj EPS. AMD is also one of five chip suppliers fuelling SpaceX’s $2T IPO ambitions by powering its reusable rockets and AI-driven systems.
1. Earnings Preview
Advanced Micro Devices will report Q2 results after market close, with analysts forecasting 33% YoY revenue growth to $9.88B and $1.27 adjusted EPS. Option-implied volatility suggests shares could move up to 8% in either direction by week’s end, reflecting elevated trader expectations.
2. SpaceX Infrastructure Role
AMD is listed among five key chip suppliers powering SpaceX’s reusable rockets and AI-driven systems ahead of its potential $2 trillion IPO. This position highlights AMD’s strategic exposure to space and AI hardware markets, offering additional revenue diversification beyond data-center demand.